DWF Founder: The crypto market is close to "bottoming out," with behind-the-scenes M&A activity being very active

BTC0,14%
RWA-1,12%

BlockBeats News, February 5 — DWF Labs founder Andrei Grachev posted, "I believe the crypto market is now approaching the bottom, with Bitcoin prices possibly fluctuating around another 15%. This doesn’t mean prices can only go up afterward, but it will drive more capital into the market.

Although professional investors are still deploying funds, especially into RWA (Real World Assets) and projects with ‘large-scale and bold visions,’ there is almost no capital flowing into the market through direct purchases. In my view, making a new project popular and attracting attention is much easier than reviving and pushing old projects. That’s also why I believe most altcoins will rise after this bear market, except for those with real business operations and business expansion — they will be naturally driven up by the overall market’s future growth.

Retail-driven trading volume, or fool’s trading, is currently mainly flowing into PumpFun, with some going to Polymarket, but the world won’t change because of this. When the market begins to recover and prices start to rise, these people will follow suit, buying what whales are currently buying, as well as the new tokens I mentioned earlier.

Behind-the-scenes M&A activity is very active, with many projects and companies being acquired, and some companies with at least some revenue planning to go public. Because long-term growth in the crypto industry is not an issue, only a matter of time; the real issue is survival."

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